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Saturday, November 3, 2007

Kids Are Professional Athletes - The Curse of Athleticism or the Big-League Myth

How much is too much?

For youth sports, the answer is apparently nothing. An average professional hockey, basketball, or soccer player might have 80 games a year. Eight- or nine-year old kids often play the same, along with practices and weekend tournaments.

So whats going on?

Whats going on is that adults are ruining sports from kids. Weve professionalized youth sports, organized the games kids used to play in the schoolyard or in parks. Instead of that endless and unstructured fun, parents drive their kids to games and practices, where coaches tell kids what to do and how to do it. This goes on five, six, even seven times a week. Sure, a precious few go on to superstardom as professional athletes, but theyre the one percent of the one percent. The rest burn out.

Is it really necessary to travel every weekend to yet another tournament? Is that third practice a week really adding to a young persons enjoyment? Has society forgotten about the Law of Diminishing Returns? Is there not something wrong about $30,000 budgets for a hockey team of 12-year olds?

More is not necessarily better. The magic number is three - one game and two practices a week. Until a kid is 13 or 14, that is enough of any one activity. Let them develop a number of interests - sports, reading, music, and maybe hanging out with friends once in a while. After that age, if the interest is still there, then it might be appropriate to let them focus on one sport or activity. Two- and three-sport athletes are going the way of the Dodo bird. We do no lack for great athletes, but we force our kids to specialize at an early age. Cross training is widely accepted by experts as an essentially part of an athletes development. Yet, I do not see many kids cross training at all.

Naturally, if any of my kids were a Michael Jordan or a Tiger Woods I would encourage them to focus. Unless yours belongs to that elite class, however, perhaps your kid would be better off playing a number of sports; and make sure they have time to play after school, without coaches and referees blowing whistles all the time.

There is also a worrying commercial side to this issue. Leagues and tournaments have become a big business, along with equipment sales and sports facilities. Ironically, all this money depends upon a constant stream of kids who play a whole lot of sports. The more they play, the more money is made. I find it hard to ignore this connection; and, also not to believe that business has been an active partner in fueling the belief so prevalent among parents and coaches that kids have to play their sport every day of the week.

We need to remember that youth sports are for kids - not for those watching from the sidelines, or tournament organizers, or equipment manufacturers. Professional athletes are paid millions to play 80 games a year; how much are our kids getting for becoming professional athletes at 8-years old?

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Bad News For The Boys

Hey boys, stop watching the hockey game: I have got news for you. In fact I have got a good news and a bad news. The good news is that you are still classified as the family breadwinners. The bad news is that you dont get to eat any bread no more. And there is a really, really bad news boys but I am going to tell you last, because I am packing up

A recent study conducted by Canada Housing Mortgage Corporation indicates that women across Canada have now more purchasing power than ever. Canadian women, although not paid quite at par as their male counterparts, nevertheless make more money than ever before and are closing the income-gender gap very fast. They also show more remarked entrepreneurial skills and are more likely than men to sign an offer to purchase, especially one involving residential real estate. They also make more responsible property owners and are three times less likely to be foreclosed upon than men. Overall, Canadian women represent an increasingly powerful key market group and are a major force in the Canadian housing market.

More specifically, Canada Housing Mortgage Corporation details the following trait characteristics of ladies buyers:

[ ] Single women are now twice as likely to buy a home as men and they have an expensive taste too. Women are the largest condo buyers by dollar volume in downtown sections of large metropolitan centers, typically Toronto and Vancouver. They love luxury condominiums and, in any event, women will stretch their purchasing capacity to the limit. They believe that, when it comes to real estate, more expensive is a better investment in the long run.

[ ] Women are buying at a faster rate than the general population and are more likely to hold on their capital assets than men. Moreover, Canada Housing Mortgage Corporation reports that young ladies, whether married or not, believe in long term investments, thus proving outmoded the previous finding that the typical Canadian household changes home every seven years.

[ ] In total, all women (single, married, divorced and widowed) control a whopping eighty-five percent of all residential purchase decisions. This includes not only decision making as it relates to cosmetics such as the style of a home, colors and location, but it involves such factors as important financial decisions the likes of type and length of financing, amounts of down-payment and terms of contract of purchase and sale previously the almost exclusive domain of men.

[ ] Canadian women are twice as likely as men to have a credit rating from good to excellent and will go the extra length to keep it that way. For this reason, women are beginning to replace men as the preferred customers of bankers and mortgage brokers alike.

And there is also a fifth trait characteristic of ladies purchasers, a real bad news, boys but I am going to tell you last because I am packing up

At the roots of this substantial change in the real estate landscape is the fact that in the period from 1994 to 2004 the number of males earning more than CAD $75,000 gross per year has increased twenty-five percent, but the number of women earning more than CAD $75,000 has increased sixty-two percent over the same period. This is the main reason why, according to the report, women want to get the best possible investment. They want to build up equity rather than paying rent and a landlords mortgage a concept that men seem to begin to underestimate.

But wait to hear the real bad news, boys I will tell you in a second, because I am pretty much finished packing up

Furthermore, men are increasingly losing score in a field that has been their own exclusive domain for ages. As Home Depot (Canada) knows very well, fully fifty percent of purchases made there are from women. Canadian women appear to be more and more skilled at such typical manly tasks as sheet-rocking, plastering, fixing plumbing and electrical and even window-framing. Overall, they are no longer intimidated by repairs and maintenance.

There it is. I am finished packing, now. Before I go to the airport to catch my flight, here is the fifth news, boys:

[ ] There are 32,764 single women in Canada who own more than two properties, thirty-eight percent of which are lawyers.

Thats it. Im moving to South America. Hasta la vista, baby

Luigi Frascati

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